Article 1132
ELI5— what this means for you
Ownership of movables by good faith possession: 4 years for good faith; 8 years regardless of good or bad faith.
Official text — RA 386
The ownership of movables prescribes through uninterrupted possession for four years in good faith.
The ownership of personal property also prescribes through uninterrupted possession for eight years, without need of any other condition.
With regard to the right of the owner to recover personal property lost or of which he has been illegally deprived, as well as with respect to movables acquired in a public sale, fair, or market, or from a merchant's store the provisions of articles 559 and 1505 of this Code shall be observed. (1955a)
Source: lawphil.net (RA 386 as amended)
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